Trading Edges That Last
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Lawrence's Comment Recap 2 weekly down trend resistance breakout gave us a run to 2 week high and in turn stops are found and sent Aussie to Y+2. Strong reaction at Y+2 ...READ MOREPrecog Vision – Forex 2017-1-20Dow 30 May 08 to May 12 OutlookWeekly Cycle Projection (USDCAD) 2019-09-16Hot n Cold (USDCAD) 2022-2-25S&P 500 Nov 08 to Nov 12 OutlookHot n Cold (USDCAD) 2018-11-9S&P 500 Oct 23 to Oct 27 OutlookAUDUSD May 18 to May 22 OutlookIntraday Cycle Projection (USDCAD) 2017-12-14Hot n Cold (USDCAD) 2022-6-10
As Featured In
USDCAD Jan 19 to Jan 23 Outlook
Lawrence’s Comment
Target of 1.20 tagged early in the week. Then SNB mess sent this back down to Y-0 support. A squeeze was launched with parabolic target at Y+3 tagged by the end of the week. Closed the week near Y+2 and above midpoint.
Outlook
1.20 is long term parking zone. It will be difficult to see much more up side from here until we see some consolidation / pullback on weekly. This week consolidation at 50% range around close is likely.
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